Global Automotive Aftermarket Market 2024 by Company, Regions, Type and Application, Forecast to 2030
The automotive aftermarket is the secondary market of the automotive industry, concerned with the manufacturing, remanufacturing, distribution, retailing, and installation of all vehicle parts, chemicals, equipment, and accessories.
According to our (Global Info Research) latest study, the global Automotive Aftermarket market size was valued at US$ 1089230 million in 2023 and is forecast to a readjusted size of USD 1356680 million by 2030 with a CAGR of 3.2% during review period.
United States is the largest market of the automotive aftermarket with share over 28.8%. China will rank the first worldwide in sales for an eighth straight year.
Bridgestone, Michelin, Autozone, Genuine Parts Company, Goodyear, Continental, Advance Auto Parts, O"Reilly Auto Parts, Bosch are the main players in the market. The top 5 occupied 6% in 2019, the whole market is quite competitive.
Wear and Tear Parts is the most important type of Automotive Aftermarket, its market share is 43% in 2019, then followed by Tire Service and Crash Relevant Parts, which occupied 13.7% and 13.1% respectively.
Passengers car needs more services in automotive aftermarket compared to Commercial Vehicle, it took nearly 70% of the market.
This report is a detailed and comprehensive analysis for global Automotive Aftermarket market. Both quantitative and qualitative analyses are presented by company, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2024, are provided.
Key Features:
Global Automotive Aftermarket market size and forecasts, in consumption value ($ Million), 2019-2030
Global Automotive Aftermarket market size and forecasts by region and country, in consumption value ($ Million), 2019-2030
Global Automotive Aftermarket market size and forecasts, by Type and by Application, in consumption value ($ Million), 2019-2030
Global Automotive Aftermarket market shares of main players, in revenue ($ Million), 2019-2024
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Automotive Aftermarket
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Automotive Aftermarket market based on the following parameters - company overview, revenue, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Bridgestone, Michelin, Autozone, Genuine Parts Company, Goodyear, Continental, Advance Auto Parts, O'Reilly Auto Parts, Bosch, Tenneco, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market segmentation
Automotive Aftermarket market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for Consumption Value by Type and by Application. This analysis can help you expand your business by targeting qualified niche markets.
Market segmentation
Automotive Aftermarket market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for Consumption Value by Type and by Application. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Wear and Tear Parts
Crash Relevant Parts
Maintenance Service
Diagnostics Products and Service
Tire Service
Other
Market segment by Application
Passenger Vehicle
Commercial Vehicle
Market segment by players, this report covers
Bridgestone
Michelin
Autozone
Genuine Parts Company
Goodyear
Continental
Advance Auto Parts
O'Reilly Auto Parts
Bosch
Tenneco
Belron International
Denso
Driven Brands
China Grand Automotive
Zhongsheng Group
3M Company
Yongda Group
Monro
Delphi
Tuhu Auto
Market segment by regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia, Italy and Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia and Rest of Asia-Pacific)
South America (Brazil, Rest of South America)
Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of Middle East & Africa)
The content of the study subjects, includes a total of 13 chapters:
Chapter 1, to describe Automotive Aftermarket product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top players of Automotive Aftermarket, with revenue, gross margin, and global market share of Automotive Aftermarket from 2019 to 2024.
Chapter 3, the Automotive Aftermarket competitive situation, revenue, and global market share of top players are analyzed emphatically by landscape contrast.
Chapter 4 and 5, to segment the market size by Type and by Application, with consumption value and growth rate by Type, by Application, from 2019 to 2030.
Chapter 6, 7, 8, 9, and 10, to break the market size data at the country level, with revenue and market share for key countries in the world, from 2019 to 2024.and Automotive Aftermarket market forecast, by regions, by Type and by Application, with consumption value, from 2024 to 2030.
Chapter 11, market dynamics, drivers, restraints, trends, Porters Five Forces analysis.
Chapter 12, the key raw materials and key suppliers, and industry chain of Automotive Aftermarket.
Chapter 13, to describe Automotive Aftermarket research findings and conclusion.